Annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Annual growth of the gross capital formation was 6.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland stood at 6.2%.
That represents a change of up 242.2% on the previous year and down 49.8% over ten years.
Over the whole period, annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland peaked at 12.3% in 2014 and was at its lowest, -15.6%, in 2009.
That places United Kingdom of Great Britain and Northern Ireland 57th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.4% | — |
| 2001 | 2.3% | -47.5% |
| 2002 | 1.4% | -39.2% |
| 2003 | 1.4% | -1.4% |
| 2004 | 2.3% | +64.7% |
| 2005 | 4.2% | +84.7% |
| 2006 | 6.3% | +49.4% |
| 2007 | 3.5% | -44.3% |
| 2008 | -5.0% | -241.8% |
| 2009 | -15.6% | +212.8% |
| 2010 | 8.2% | -152.7% |
| 2011 | 1.2% | -85.7% |
| 2012 | 3.2% | +170.3% |
| 2013 | 7.1% | +122.9% |
| 2014 | 12.3% | +72.4% |
| 2015 | 2.8% | -77.4% |
| 2016 | 0.2% | -92.8% |
| 2017 | 3.1% | +1445.0% |
| 2018 | 0.1% | -95.1% |
| 2019 | 2.1% | +1333.3% |
| 2020 | -10.2% | -575.8% |
| 2021 | 11.2% | -209.6% |
| 2022 | 1.2% | -89.1% |
| 2023 | 1.8% | +47.5% |
| 2024 | 6.2% | +242.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | -15.6% | 6.3% | 10 |
| 2010s | 4.0% | 0.1% | 12.3% | 10 |
| 2020s | 2.0% | -10.2% | 11.2% | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 14.95 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0427 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,458 current US$ per person (2025)
- General government final consumption expenditure (current US$) 9.98 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2123 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 12,226 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.75 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1612 current LCU per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland?
- Annual growth of the gross capital formation in United Kingdom of Great Britain and Northern Ireland was 6.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 12.3% in 2014.
- What is the lowest annual growth of the gross capital formation recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was -15.6% in 2009.
- How does United Kingdom of Great Britain and Northern Ireland rank for annual growth of the gross capital formation?
- United Kingdom of Great Britain and Northern Ireland ranks 57th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is down 49.8%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).